Govt to create congenial atmosphere, extend support to promote industrial growth in JK

Govt to create congenial atmosphere, extend support to promote industrial growth in JK

JAMMU: Minster for Industries and Commerce, Chander Parkash Ganga and Minister for Finance and Dr Haseeb Drabu Friday convened a meeting to listen to the issues of the Jammu industrialists in the backdrop of Goods and Services Tax (GST) roll out in the state.
The finance minister sought feedback and cooperation of the business community in the hassle-free migration to the new tax regime.
According to an official press note issued here, Chander Parkash Ganga said that every possible step would be taken to safeguard the interests of the industrialists under GST and appropriate action would be taken on their feedback. He asked the industrialists to deliberate upon the ways by which the industrialists dealing with different sectors get the benefit that they want through the new tax structure.
“The State Commercial Taxes and Excise Department has been asked to organize statewide orientation programmes on GST Act to explain the stakeholders about the provisions and procedure for migration to the new tax system,” he said.
Finance Minister Haseeb Drabu said the government was making all out efforts to create a congenial atmosphere and extend full support to promote industrial growth in the state.
He said, “The government is committed to extend all possible support to the industrialists for smooth transition to Goods and Services Tax (GST) regime and provide them every help to overcome any difficulty in running their businesses.”
He explained in detail the provisions of the new tax regime in response to the queries raised by the industrialists and traders.
Earlier, industrialists highlighted their issues and raised queries on certain provisions of the GST Act. They also expressed their apprehensions related to special package to the state industries and exemption of toll tax, etc.
Commissioner Secretary Industries and Commerce, Shailendra Kumar, Additional Commissioner Commercial Tax Department, Anu Malhotra, officers and officials of Commercial Tax Department and representatives of various industrial associations were present in the meeting.
Joint Secretary I&C Ministry stresses for training of businessmen, professionals at local level
RAMBAN: Meanwhile, Joint Secretary Industries & Commerce (I&C) Ministry, Sudhanshu Pandey Friday called upon the district administration Ramban to train educated youth and traders to overcome the teething problems post Goods and Services Tax implementation in the state. He was chairing a meeting here to review the impact of GST regime since one month of its implementation in Jammu and Kashmir. The meeting was attended by DDC Ramban, Tariq Hussain Ganai, DC, Commercial Tax, Jammu, SSP Ramban Mohan Lal, Additional Deputy Commissioner (ADC), Angrez Singh Rana, PO ICDS Ashok Pandita, ACR, Vevaik Puri, CPO Uttam Singh, officers of various department and members of business fraternity of Ramban, Banihal, Gool and Batote in large numbers.
Panday directed the Commercial Taxes Department and District Administration to hold training sessions for different categories of tax payers for the effective implementation of GST. He suggested for preparing educated youth at local level to overcome the teething problems.
He directed the enforcement agencies to keep a close check on overcharging and ensure that there was no shortage of consumer items adding that special emphasis should be laid to check inflation. Taking stock of the ground impact of the new tax regime, he asked the district administration and State Commercial Taxes and Excise Department to ensure that retailers, dealers, shopkeepers are made aware about dealings under GST system.
He stressed that benefits of GST should be passed on to consumers which would in turn also keep inflation under control. He directed for regular inspections to check the billing machines and computers used by dealers, retailers for computerized billing. While interacting with businessmen and other stakeholders, he said that the government wants to know the apprehensions, doubts and genuine problems that are anticipated by industries and traders with the implementation of GST Act in the state and resolve them.
He exhorted upon contractors, shopkeepers and traders to go for registration under GST so that their business shall not suffer. He said, “District Administration in cooperation with state commercial taxes and excise department will be holding series of orientation programmes on GST Act to acquaint all stakeholders with its provisions.”
The contractors and traders also highlighted their issues and raised queries during interaction session.
Earlier resource persons explained to the businessmen about the procedure for smooth migration into new tax regime.

 

 

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